secwatch.observer — SEC 8-K summary
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Issuer:     PUBLIC SERVICE ENTERPRISE GROUP INC (PEG)
CIK:        0000788784
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001193125-25-173127
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PSEG Q2 non-GAAP EPS $0.77 (up 22% YoY); maintains FY25 guide $3.94-$4.06
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- Q2 net income $585M ($1.17/sh) vs $434M ($0.87/sh) in prior year.
- Non-GAAP operating earnings $384M ($0.77/sh) vs $313M ($0.63/sh).
- Maintains 2025 non-GAAP operating EPS guidance of $3.94-$4.06 per share.
- PJM capacity auction cleared 3,500 MW at $329/MW-day for 2026/2027, up from ~$270.
- PSE&G net income rose to $332M from $302M; large load inquiries exceed 9,400 MW.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788784/000119312525173127/0001193125-25-173127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/81033/000119312525173127/d206274d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-173127

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer